Sensex crashed about 1100 points intraday and went below the 73,000 mark while Nifty was under the 22,000 mark today. At the time of closing, Sensex recovered a bit but was still down 906 points. Nifty was down 338 pts. The market capitalisation of all BSE-listed stocks fell by Rs 14 lakh crore to Rs 372 lakh crore.
Jio Financial Services (JFS) to be removed from NSE Indices; Power Grid Corp. wins bid for Inter-State Transmission System; Zambia to return control of Konkola Copper Mines to Vedanta; IREDA signs MoUs with UBI & BOB to co-finance RE projects; HDFC AMC's Amaresh Jena resigns; Artson Engg. bags Rs. 25.19 cr. order from Tata Projects; NBCC signs MoU with KSHB; Syrma SGS completes acquisition of 51% stake in JDHL; Tata Motors & TPREL sign PPA for 12MWp solar project; Nila Infra. gets Rs. 101.64 cr. project from AMC; Vikas Ecotech repays Rs. 5 cr. to bankers; Innokaiz India signs MOU with Luczotiq.
The Indian bioplastic for packaging is expected to expand at a CAGR of 10.9% during the forecast period. Europe is projected to hold a sizeable market...
Based on the OI percentage, 60 stocks were on the short-covering list. These included Oracle Financial, GNFC, Syngene International, Aarti Industries, and Pidilite Industries.
Read more about Stocks to Watch: RIL, TVS Motor, CEAT, Adani Power, Wipro, Canara Bank on Business Standard. Shares of Reliance Industries, Canara Bank, Sundaram-Clayton, Tata Power Company, CSB Bank, Federal Bank will be in focus ahead of their Q4 results.